{"id":30227,"date":"2026-01-15T23:35:54","date_gmt":"2026-01-15T15:35:54","guid":{"rendered":"https:\/\/www.articusfinance.com\/?p=30227"},"modified":"2026-03-01T14:10:17","modified_gmt":"2026-03-01T06:10:17","slug":"securing-development-finance-for-a-2-4m-scheme","status":"publish","type":"post","link":"https:\/\/www.articusfinance.com\/us\/case-studies\/securing-development-finance-for-a-2-4m-scheme","title":{"rendered":"Securing Development Finance for a \u00a32.4m Residential Scheme in the North West"},"content":{"rendered":"<h3 data-start=\"512\" data-end=\"531\"><strong><span style=\"color: #00424f\">Client Overview<\/span><\/strong><\/h3>\n<p data-start=\"701\" data-end=\"973\"><span style=\"color: #00424f\">Our client is an experienced property developer operating in the North West, specialising in small-to-mid scale residential developments. They had successfully completed several projects but were encountering challenges around cash flow &#8211; to enable them to move onto their next scheme &#8211; and securing competitive funding. We can also assist new property developers with no experience, <a style=\"color: #00424f\" href=\"https:\/\/www.articusfinance.com\/case-studies\/development-finance-for-property-developer-with-no-experience\"><strong><em>this cast study<\/em><\/strong><\/a> takes you through one of our recent successes.<\/span><\/p>\n<p data-start=\"701\" data-end=\"973\"><span style=\"color: #00424f\">If you have a development project you&#8217;re looking to discuss, <em><strong><a style=\"color: #00424f\" href=\"https:\/\/www.articusfinance.com\/us\/contact\">click here to get in contact with one of our experienced brokers today.\u00a0<\/a><\/strong><\/em><\/span><\/p>\n<p data-start=\"763\" data-end=\"896\"><span style=\"color: #00424f\">&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/span><\/p>\n<h3 data-start=\"903\" data-end=\"920\"><span style=\"color: #00424f\"><strong>The Challenge<\/strong><\/span><\/h3>\n<p data-start=\"998\" data-end=\"1158\"><span style=\"color: #00424f\">The client identified an opportunity to develop a five-unit residential scheme with a total gross development value (GDV) of approximately \u00a32.4 million.<\/span><\/p>\n<p data-start=\"1160\" data-end=\"1196\"><span style=\"color: #00424f\">However, they faced several hurdles:<\/span><\/p>\n<ul data-start=\"1197\" data-end=\"1386\">\n<li data-start=\"1197\" data-end=\"1229\">\n<p data-start=\"1199\" data-end=\"1229\"><span style=\"color: #00424f\">A tight acquisition timeline or risk losing the opportunity<\/span><\/p>\n<\/li>\n<li data-start=\"1230\" data-end=\"1277\">\n<p data-start=\"1232\" data-end=\"1277\"><span style=\"color: #00424f\">A requirement for high leverage funding (70% loan to GDV) whilst they exited another project<\/span><\/p>\n<\/li>\n<li data-start=\"1278\" data-end=\"1328\">\n<p data-start=\"1280\" data-end=\"1328\"><span style=\"color: #00424f\">A unique scheme, meaning it was hard to give an accurate value for the end product<\/span><\/p>\n<\/li>\n<li data-start=\"1329\" data-end=\"1386\">\n<p data-start=\"1331\" data-end=\"1386\"><span style=\"color: #00424f\">A lender who:<\/span><\/p>\n<ul data-start=\"1197\" data-end=\"1386\">\n<li data-start=\"1329\" data-end=\"1386\"><span style=\"color: #00424f\">Made fast credit decisions<\/span><\/li>\n<li data-start=\"1329\" data-end=\"1386\"><span style=\"color: #00424f\">Offered competitive pricing<\/span><\/li>\n<li data-start=\"1329\" data-end=\"1386\"><span style=\"color: #00424f\">Is easy to work with<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<div class=\"flex flex-col text-sm pb-25\">\n<article class=\"text-token-text-primary w-full focus:outline-none [--shadow-height:45px] has-data-writing-block:pointer-events-none has-data-writing-block:-mt-(--shadow-height) has-data-writing-block:pt-(--shadow-height) [&amp;:has([data-writing-block])&gt;*]:pointer-events-auto scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]\" dir=\"auto\" data-turn-id=\"request-68da62fd-c024-8330-8789-80265f39b859-1\" data-testid=\"conversation-turn-240\" data-scroll-anchor=\"true\" data-turn=\"assistant\">\n<div class=\"text-base my-auto mx-auto pb-10 [--thread-content-margin:--spacing(4)] @w-sm\/main:[--thread-content-margin:--spacing(6)] @w-lg\/main:[--thread-content-margin:--spacing(16)] px-(--thread-content-margin)\">\n<div class=\"[--thread-content-max-width:40rem] @w-lg\/main:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group\/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn\">\n<div class=\"flex max-w-full flex-col grow\">\n<div class=\"min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal [.text-message+&amp;]:mt-1\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"12d2ed6a-6fcf-4413-a0f9-c3211b7ebdd4\" data-message-model-slug=\"gpt-5-2\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden first:pt-[1px]\">\n<div class=\"markdown prose dark:prose-invert w-full break-words light markdown-new-styling\">\n<p data-start=\"65\" data-end=\"446\" data-is-last-node=\"\" data-is-only-node=\"\"><span style=\"color: #00424f\">Finding the right development finance lender can be the difference between a profitable project and a non-profitable one. Approaching lenders with proven experience in your specific type of development is crucial to ensuring success. <em><strong><a style=\"color: #00424f\" href=\"https:\/\/www.articusfinance.com\/us\/development-finance\">Our development finance page<\/a><\/strong><\/em> walks you through the various types of projects we have experience brokering and how we can support you at each stage.<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n<p data-start=\"1355\" data-end=\"1428\"><span style=\"color: #00424f\">&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;<\/span><\/p>\n<h3 data-start=\"1435\" data-end=\"1467\"><span style=\"color: #00424f\"><strong>The Articus Finance Approach<\/strong><\/span><\/h3>\n<p data-start=\"1535\" data-end=\"1602\"><span style=\"color: #00424f\">Articus Finance carried out a full review of the scheme, including:<\/span><\/p>\n<ul data-start=\"1603\" data-end=\"1807\">\n<li data-start=\"1603\" data-end=\"1646\">\n<p data-start=\"1605\" data-end=\"1646\"><span style=\"color: #00424f\">The development appraisal and cash flow<\/span><\/p>\n<\/li>\n<li data-start=\"1647\" data-end=\"1698\">\n<p data-start=\"1649\" data-end=\"1698\"><span style=\"color: #00424f\">Build cost assumptions and contingency planning<\/span><\/p>\n<\/li>\n<li data-start=\"1699\" data-end=\"1747\">\n<p data-start=\"1701\" data-end=\"1747\"><span style=\"color: #00424f\">The client\u2019s track record and previous exits<\/span><\/p>\n<\/li>\n<li data-start=\"1748\" data-end=\"1807\">\n<p data-start=\"1750\" data-end=\"1807\"><span style=\"color: #00424f\">Multiple exit scenarios to strengthen lender confidence<\/span><\/p>\n<\/li>\n<\/ul>\n<p data-start=\"1809\" data-end=\"1947\"><span style=\"color: #00424f\">We then structured a tailored funding proposal and approached a shortlist of specialist development lenders suited to the project profile.<\/span><\/p>\n<p data-start=\"1748\" data-end=\"1938\"><span style=\"color: #00424f\">&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;-<\/span><\/p>\n<h3 data-start=\"1945\" data-end=\"1961\"><span style=\"color: #00424f\"><strong>The Solution<\/strong><\/span><\/h3>\n<p data-start=\"1971\" data-end=\"1995\"><span style=\"color: #00424f\">Articus Finance secured:<\/span><\/p>\n<ul data-start=\"1996\" data-end=\"2194\">\n<li data-start=\"1996\" data-end=\"2041\">\n<p data-start=\"1998\" data-end=\"2041\"><span style=\"color: #00424f\">Development finance covering 70% of GDV<\/span><\/p>\n<\/li>\n<li data-start=\"2042\" data-end=\"2083\">\n<p data-start=\"2044\" data-end=\"2083\"><span style=\"color: #00424f\">Rolled-up interest to support cash flow<\/span><\/p>\n<\/li>\n<li data-start=\"2084\" data-end=\"2122\">\n<p data-start=\"2086\" data-end=\"2122\"><span style=\"color: #00424f\">A competitive fixed development rate<\/span><\/p>\n<\/li>\n<li data-start=\"2123\" data-end=\"2194\">\n<p data-start=\"2125\" data-end=\"2194\"><span style=\"color: #00424f\">Fast credit decision and completion<\/span><\/p>\n<\/li>\n<\/ul>\n<p data-start=\"2196\" data-end=\"2312\"><span style=\"color: #00424f\">The funding was approved and completed within the required timeframe, allowing the client to proceed without delays.<\/span><\/p>\n<div class=\"flex flex-col text-sm pb-25\">\n<article class=\"text-token-text-primary w-full focus:outline-none [--shadow-height:45px] has-data-writing-block:pointer-events-none has-data-writing-block:-mt-(--shadow-height) has-data-writing-block:pt-(--shadow-height) [&amp;:has([data-writing-block])&gt;*]:pointer-events-auto scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]\" dir=\"auto\" data-turn-id=\"request-68da62fd-c024-8330-8789-80265f39b859-2\" data-testid=\"conversation-turn-242\" data-scroll-anchor=\"true\" data-turn=\"assistant\">\n<div class=\"text-base my-auto mx-auto pb-10 [--thread-content-margin:--spacing(4)] @w-sm\/main:[--thread-content-margin:--spacing(6)] @w-lg\/main:[--thread-content-margin:--spacing(16)] px-(--thread-content-margin)\">\n<div class=\"[--thread-content-max-width:40rem] @w-lg\/main:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group\/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn\">\n<div class=\"flex max-w-full flex-col grow\">\n<div class=\"min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal [.text-message+&amp;]:mt-1\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"6ac55821-5144-4171-8607-de9b691a6ae7\" data-message-model-slug=\"gpt-5-2\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden first:pt-[1px]\">\n<div class=\"markdown prose dark:prose-invert w-full break-words light markdown-new-styling\">\n<p data-start=\"45\" data-end=\"304\" data-is-last-node=\"\" data-is-only-node=\"\"><span style=\"color: #00424f\">Articus Finance can also assist with <strong><em><a style=\"color: #00424f\" href=\"https:\/\/www.articusfinance.com\/us\/development-exit-finance\">development exit finance<\/a><\/em><\/strong>, allowing you to replace higher-cost development funding with more competitive buy-to-let products. This can be particularly beneficial for clients who are unable to sell all units upon completion.<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Client Overview Our client is an experienced property developer operating in the North West, specialising in small-to-mid scale residential developments. They had successfully completed several projects but were encountering challenges around cash flow &#8211; to enable them to move onto their next scheme &#8211; and securing competitive funding. We can also assist new property developers [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":20772,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[61],"tags":[],"class_list":["post-30227","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-case-studies"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.articusfinance.com\/us\/wp-json\/wp\/v2\/posts\/30227","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.articusfinance.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.articusfinance.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.articusfinance.com\/us\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.articusfinance.com\/us\/wp-json\/wp\/v2\/comments?post=30227"}],"version-history":[{"count":5,"href":"https:\/\/www.articusfinance.com\/us\/wp-json\/wp\/v2\/posts\/30227\/revisions"}],"predecessor-version":[{"id":30675,"href":"https:\/\/www.articusfinance.com\/us\/wp-json\/wp\/v2\/posts\/30227\/revisions\/30675"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.articusfinance.com\/us\/wp-json\/wp\/v2\/media\/20772"}],"wp:attachment":[{"href":"https:\/\/www.articusfinance.com\/us\/wp-json\/wp\/v2\/media?parent=30227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.articusfinance.com\/us\/wp-json\/wp\/v2\/categories?post=30227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.articusfinance.com\/us\/wp-json\/wp\/v2\/tags?post=30227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}